SoftBank after selling Nvidia stake: Nothing concrete about funding Sam Altman’s OpenAI

SoftBank’s Vision Fund reported a $2.4 billion gain in its December quarter, largely driven by an increased valuation of its OpenAI investment. This surge helped offset losses from other holdings, highlighting SoftBank’s significant bet on AI’s future. Despite this success, the company remains non-committal on further participation in OpenAI’s upcoming funding round.

Leave a Reply

Your email address will not be published. Required fields are marked *